written by khatabook | December 6, 2022

Know About Rashtriya Krishi Vikas Yojana Scheme In Detail

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The Rashtriya Krishi Vikas Yojana (RKVY) is a scheme of the Indian government for the farmers of India. The scheme aims to promote agricultural and rural development in India by providing financial and technical assistance to state governments and farmers. Under the scheme, the government offers subsidies for farming inputs, infrastructure development, and research and extension activities. The RKVY scheme has successfully promoted agricultural growth and development in India. 

Did You Know? All the states of the country are eligible to get the benefit of this Rashtriya Krishi Vikas Yojana scheme. 

What is the Rashtriya Krishi Vikas Yojana?  

The Rashtriya Krishi Vikas Yojana (National Agricultural Development Scheme) is an Indian agricultural development program launched by the government in 2007. The primary objective of the Scheme is to improve the productivity of major crops and to ensure that farmers receive a fair price for their produce.

The Scheme also aims to create employment opportunities in rural areas and to reduce the regional disparities in the development of agriculture. The Scheme is being implemented in all states and union territories of India. So far, the scheme has successfully increased the production of major crops such as rice, wheat, pulses, and cotton. 

The Scheme has also helped to create employment opportunities in rural areas. It aims to encourage investments in the agricultural sector. The Scheme provides financial support to state governments and private entities for investments in agricultural development projects. The Scheme has been credited with helping to increase agricultural productivity in India. 

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Components Of Rashtriya Krishi Vikas Yojana

The scheme provides financial support to state governments and union territories for investments in agricultural development. 

The scheme has three components:  

1. Investment in agriculture and allied sectors: 

This includes investments in infrastructure, research and development, and extension services.  

2. Human resources Development 

It includes training and capacity-building investments for farmers and extension workers.  

3. Technology Transfer and Dissemination

This includes investments in technology parks, information and communication technology (ICT) applications, and knowledge management. The scheme is being implemented by the Ministry of Agriculture and Farmers Welfare. 

Features Of the Scheme 

The Government of India launched the Rashtriya Krishi Vikas Yojana (RKVY) in August 2007. The scheme aims to incentivise states to increase public investment in the agricultural sector to improve the productivity of Indian agriculture. RKVY is the largest agricultural development scheme ever implemented in India, with a total outlay of 1,00,000 crore (US$15 billion) over ten years.  

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The scheme has three main features:  

1. Investment Support: 

RKVY provides financial support to states to increase agricultural sector public investment. This includes investments in infrastructure, research and development, and capacity building.  

2. Incentives:

RKVY provides financial incentives to states to undertake agricultural sector reforms. These reforms include decentralising the agricultural marketing system, promoting private sector investment in agriculture, and streamlining the procurement and distribution of inputs.  

3. Monitoring and Evaluation: 

RKVY has implemented a robust monitoring and evaluation system to track the scheme's progress at the state and national levels. 

Objectives Of the Scheme 

The Rashtriya Krishi Vikas Yojana (RKVY) is an Indian government scheme launched in 2007 to improve the efficiency and productivity of the agricultural sector in India. The scheme provides financial and technical assistance to state governments and union territories to promote agricultural development. 

The scheme has four main objectives:  

  • To increase investment in the agricultural sector  
  • To promote agricultural research and extension  
  • To improve irrigation and drainage facilities  
  • To improve agricultural marketing and storage 

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Benefits of the Rashtriya Krishi Vikas Yojana  

The RKVY has successfully promoted agricultural growth and development in the country. 

Some of the key benefits of the scheme are:  

1. The scheme has helped create employment opportunities in the agricultural sector.  

2. It has resulted in increased production of food grains and other agricultural products.  

3. The scheme has helped improve the infrastructure in the agricultural sector.  

4. It has also contributed to the development of the rural economy.  

5. The scheme has helped in increasing the incomes of farmers.  

6. The scheme has also contributed to the conservation of natural resources. 

Eligibility for the Rashtriya Krishi Vikas Yojana  

The Rashtriya Krishi Vikas Yojana (RKVY) is a flagship program of the Government of India launched in August 2007. The scheme aims at achieving 4% annual growth in the agricultural sector and doubling farmers' incomes by 2022. The scheme is implemented by the Ministry of Agriculture and Farmers Welfare through the State Governments and Union Territories. 

Eligibility Under The Scheme:  

  • The applicant must be a farmer or from a group of farmers.  
  • The applicant must be a resident of India.  
  • The applicant must be engaged in agricultural activities in India.  
  • The applicant must have a valid bank account. 

Under the scheme, financial support is provided for various activities in the agricultural sector, including investment in irrigation, drainage, land development, watershed development, and agricultural mechanization. The scheme also supports horticulture, animal husbandry, fisheries, and agroforestry.

How to Apply for the Rashtriya Krishi Vikas Yojana?

  • To apply for the RKVY, farmers must visit to the nearest Krishi Vigyan Kendra (KVK) and submit the application form. The application form can be downloaded from the KVK website (Krishi Vigyan Kemdra Knowledge Network) or obtained from the office of the Deputy Director of Agriculture.  

  •  A committee will evaluate the application, and farmers will be selected based on their eligibility.  
  • Once selected, farmers will be required to sign a Memorandum of Understanding (MoU) with the KVK. The MoU will outline the farmer's responsibilities and the assistance the KVK will provide.  
  • After the MoU is signed, farmers will be given a time-bound action plan. Farmers must implement the action plan and submit progress reports to the KVK.  
  • Upon successful completion of the RKVY, farmers will be given a certificate of completion. 

Rashtriya Krishi Vikas Yojana Online Registration

The candidates can apply for the Rashtriya Krishi Vikas Yojana Application Form using the following procedure.

  • First, you must visit the official website of Rashtriya Krishi Vikas Yojana (rkvy.nic.in). 

  • After that, find the Rashtriya Krishi Vikas Yojana 2022 Application Form. Fill in the application form carefully without making any mistakes.  
  • You must upload your scanned passport-size photograph and signature (if required). 
  • Recheck all the details given before submission of the form.  
  • Now click on the submit button.  
  • Take a printout of the application form for future reference. 

Conclusion 

The Rashtriya Krishi Vikas Yojana (RKVY) is a flagship program of the Government of India. The scheme aims to promote agricultural and rural development in the country. The scheme provides financial assistance to state governments and Union Territories for implementing agricultural and rural development projects. The scheme has helped develop irrigation, storage, and marketing infrastructure. It has also helped in the promotion of agricultural research and extension activities. 

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FAQs

Q: What are the key features of the Rashtriya Krishi Vikas Yojana scheme?

Ans:

The key features of the scheme are as follows: 

  • The scheme will be implemented through a National Agriculture Development Program (NADP) which the Ministry of Agriculture will implement. 
  • The scheme will provide for an annual investment limit.
  • The scheme will be implemented over ten years. 
  • The scheme will provide for a matching grant of up to 50% of the project cost.

Q: What are the objectives of the Rashtriya Krishi Vikas Yojana scheme?

Ans:

It aims to promote investment in agriculture and allied activities to achieve a 4% annual growth in the sector. The scheme also aims to provide employment opportunities in rural areas and improve the farmers' quality of life.

Q: How will the Rashtriya Krishi Vikas Yojana scheme be implemented?

Ans:

The scheme will be implemented through a National Agriculture Development Programme (NADP), which the Ministry of Agriculture will implement.

Q: What is the Rashtriya Krishi Vikas Yojana scheme all about?

Ans:

Rashtriya Krishi Vikas Yojana is a new initiative by the government of India to strengthen and revitalize the agricultural sector. The scheme's main aim is to promote investment in agriculture and allied activities to achieve a 4% annual growth in the sector.

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The information, product and services provided on this website are provided on an “as is” and “as available” basis without any warranty or representation, express or implied. Khatabook Blogs are meant purely for educational discussion of financial products and services. Khatabook does not make a guarantee that the service will meet your requirements, or that it will be uninterrupted, timely and secure, and that errors, if any, will be corrected. The material and information contained herein is for general information purposes only. Consult a professional before relying on the information to make any legal, financial or business decisions. Use this information strictly at your own risk. Khatabook will not be liable for any false, inaccurate or incomplete information present on the website. Although every effort is made to ensure that the information contained in this website is updated, relevant and accurate, Khatabook makes no guarantees about the completeness, reliability, accuracy, suitability or availability with respect to the website or the information, product, services or related graphics contained on the website for any purpose. Khatabook will not be liable for the website being temporarily unavailable, due to any technical issues or otherwise, beyond its control and for any loss or damage suffered as a result of the use of or access to, or inability to use or access to this website whatsoever.
Disclaimer :
The information, product and services provided on this website are provided on an “as is” and “as available” basis without any warranty or representation, express or implied. Khatabook Blogs are meant purely for educational discussion of financial products and services. Khatabook does not make a guarantee that the service will meet your requirements, or that it will be uninterrupted, timely and secure, and that errors, if any, will be corrected. The material and information contained herein is for general information purposes only. Consult a professional before relying on the information to make any legal, financial or business decisions. Use this information strictly at your own risk. Khatabook will not be liable for any false, inaccurate or incomplete information present on the website. Although every effort is made to ensure that the information contained in this website is updated, relevant and accurate, Khatabook makes no guarantees about the completeness, reliability, accuracy, suitability or availability with respect to the website or the information, product, services or related graphics contained on the website for any purpose. Khatabook will not be liable for the website being temporarily unavailable, due to any technical issues or otherwise, beyond its control and for any loss or damage suffered as a result of the use of or access to, or inability to use or access to this website whatsoever.